Interest Investments give you the security of principal guarantees with competitive interest rates. And you have a choice of investment terms to meet your needs.
We offer a Treasury Interest Option (TIO) with daily interest and Guaranteed Interest Options (GIOs) with investment terms ranging from one to 10 years.
Are Interest Investments for you?
If you are looking to maximize the long-term return on the cash portion of your portfolio, GIOs may be right for you.
If you want to invest your money for the short-term, an TIO may be right for you.
How Interest Investments work
Interest Investments pay interest over a specified term.
You have two options:
- TIO: Interest is calculated daily and paid annually on the policy anniversary date or when you withdraw, and you are never locked-in for a set period
- GIO: The interest rate is guaranteed for the investment term and interest is credited annually on the deposit anniversary date; investment terms range from one to 10 years
Your deposits to interest investments are 100% guaranteed.
Key Features and Benefits
Enhanced rates for your deposits
GIO interest rates are based on your total policy value. So, if you combine your GIOs and segregated fund investments in one policy, you could get higher interest rates. Note for following table if for example purposes only as rates change frequently.
| Term | Band 1* under $50,000 |
Band 2* $50,000 to $99,999 |
Band 3* $100,000 and up |
|---|---|---|---|
| 1 year | 1.100% | 1.225% | 1.350% |
| 1.5 year | 1.100% | 1.225% | 1.350% |
| 2 year | 1.300% | 1.425% | 1.550% |
| 2.5 year | 1.300% | 1.425% | 1.550% |
| 3 year | 1.500% | 1.625% | 1.750% |
| 3.5 year | 1.500% | 1.625% | 1.750% |
| 4 year | 1.800% | 1.925% | 2.050% |
| 4.5 year | 1.800% | 1.925% | 2.050% |
| 5 year | 2.100% | 2.225% | 2.350% |
| 6 year | 2.100% | 2.225% | 2.350% |
| 10 year | 2.500% | 2.625% | 2.750% |
Choice of investment terms and low minimums
For GIOs, you can choose from one to 10 year investment terms, including half-year terms. You only need $500 to get started and you can set up a convenient pre-authorized debit from your bank account to invest regularly.
For the TIO you need $500 to get started and you can set up a pre-authorized debit from your bank account to for as little as $30 a month.
You have the flexibility to transfer to any of our segregated funds or withdraw the value of your Interest Investments, but early withdrawal charges may apply on GIOs if you do so before the end of the investment term.